Page 70 - Annual Report 2023

1 BANKA KOMBËTARE TREGTARE
Consolidated statement of financial position as at 31 December 2023
(Amounts in USD)

Notes 31 December 2023 31 December 2022
Assets
Cash and balances with Central Bank 7 676,805,203 537,491,661
Placement and balances with banks 8 342,462,320 473,902,012
Investment securities 9 3,416,247,364 2,911,791,378
Loans to banks 10 134,830,538 145,894,324
Loans to customers 11 1,694,028,984 1,383,681,949
Investment in associates 12 934,512 1,090,943
Property and equipment 13 43,567,945 42,260,800
Intangible assets 14 13,821,035 7,434,937
Right of use asset 15 15,263,559 14,838,905
Deferred tax assets 20 11,339,037 12,918,087
Other assets 16 59,360,383 56,677,071
Total assets 6,408,660,880 5,587,982,067

Liabilities and shareholder’s equity
Liabilities
Customer deposits 17 5,479,014,067 4,591,435,866
Due to banks and financial institutions 18 159,424,037 305,784,334
Due to third parties 19 8,138,846 4,294,958
Accruals and other liabilities 21 24,657,661 77,855,311
Lease Liability 15 14,182,808 14,449,939
Debt securities issued 22 34,072,463 -
Subordinated debt 23 52,182,032 50,319,179
Total liabilities 5,771,671,914 5,044,139,587

Shareholder’s equity
Share capital 24 300,000,000 300,000,000
Legal reserve 24 72,819,171 60,093,852
Translation reserve 24 5,028,839 4,182,671
Fair value reserve and impairment of FVOCI 24 (6,071,188) (28,093,813)
Retained earnings 24 265,212,144 207,659,770
Total shareholder’s equity 636,988,966 543,842,480
Total liabilities and shareholder’s equity 6,408,660,880 5,587,982,067

The consolidated statement of financial position is to be read in conjunction with the notes to and forming part of the consolidated
financial statements set out on pages 6 to 76.

The consolidated financial statements were authorised for release by the Board of Directors on 26 January 2024 and signed on its
behalf by:

SEYHAN PENCABLIGİL SKËNDER EMINI
CEO and Board Member Head of Finance Group